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Japan Q1 corporate capital spending rises 3.0pc

2022-06-02 00:00:00

TOKYO, June 1 (Reuters): Japanese firms raised capital spending for a fourth straight quarter from January to March, underscoring the resilience of business investment led by manufacturers despite uncertainty over the COVID-19 pandemic and the war in Ukraine.Firm business expenditure...

Global stocks slip, bond yields rise on inflation worries

2022-06-02 00:00:00

LONDON, June 1 (Reuters): Global stocks fell and bond yields rose on Wednesday, while the dollar strengthened, as investors fretted over soaring inflation and the impact on global growth from looming interest rate rises.Europe's STOXX 600 index turned negative in...

Indian shares drop for second day

2022-06-02 00:00:00

BENGALURU, June 1 (Reuters): Indian shares settled lower on Wednesday, dragged by pharma and technology stocks, while data showed that the country's economic growth slowed to the lowest in a year during the March quarter.After see-sawing between gains and losses...

News Briefs (2022-06-02)

2022-06-02 00:00:00

Disbursement of dividend Reckitt Benckiser (Ban-gladesh) Ltd: The company has disbursed the cash dividend for the year ended on December 31, 2021 to the respective shareholders.Change of venue and time of AGMAB Bank Ltd: The 40th AGM of the company...

LafargeHolcim Bangladesh began distribution of food items

2022-06-02 00:00:00

LafargeHolcim Bangladesh Limited began distribution of food items among the flood-affected communities near its Surma Plant in Chhatak, Sunamganj. The distribution programme was inaugurated by Harpal Singh, Head of Industrial Operations and Plant Manager, Surma while Mamunur Rahman, UNO of...

Uttara Motors distributed relief among the flood victims

2022-06-02 00:00:00

As a social responsibility Uttara Motors distributed relief among the flood victims in the flood affected districts of Sylhet recently. Sylhet branch of Uttara Motors distributed rice, lentil, chira, sugar, salt, oil, potato, onion, spices, dates among thousands of flood...

Mastercard, in collaboration with Mutual Trust Bank and eCourier

2022-06-02 00:00:00

Mastercard, in collaboration with Mutual Trust Bank and eCourier, Wednesday launched the first social media prepaid card focusing on F(Facebook)-commerce in Bangladesh. The prepaid card is specifically designed for eCourier women entrepreneurs to benefit from Facebook Commerce. Syed Mohammad Kamal,...

Pragati Life Insurance signed group insurance agreement with Standard Bank

2022-06-02 00:00:00

Pragati Life Insurance Limited has signed group insurance agreement with Standard Bank Limited. M. J. Azim, Managing Director & CEO of Pragati Life, and Khondoker Rashed Maqsood, Managing Director & CEO of Standard Bank, signed the contract on behalf of...

New chief remittance officer of SIBL

2022-06-02 00:00:00

Md. Mosharraf Hossain joined Social Islami Bank as Chief Remittance Officer. Before joining SIBL, he served Islami Bank Bangladesh Ltd as Deputy Managing Director, said a statement. He started his career as probationary officer at IBBL in 1989. He served...

Mercantile Bank launches seven new cards

FE Report | 2022-06-02 00:00:00

Mercantile Bank Limited Wednesday launched seven new card services for the customers. MBL Chairman Morshed Alam, MP inaugurated the cards at a press conference at MBL head office in city on the occasion of its 23rd anniversary. Highlighting the bank's...

Market sees investors' increased participation

FE Report | 2022-06-02 00:00:00

Dhaka bourse closed the Wednesday's session with a moderate rise both in broad index and turnover value following investors' increased participation.On the day, most of the sectors saw marginal price appreciation despite the market witnessed volatility amid investors' cautious stance.Following...

Bale confirms Real departure

2022-06-02 00:00:00

MADRID, June 01 (AFP): Gareth Bale wrote a farewell letter to Real Madrid on Wednesday, the Welshman bringing an end to his nine-year spell at the Spanish club, where he said his "dream became a reality".Bale will leave Real Madrid...

Pogba to leave Man Utd

2022-06-02 00:00:00

MANCHESTER, United Kingdom, June 01 (AFP): French World Cup-winning midfielder Paul Pogba is to leave Manchester United at the end of June, the club said Wednesday, bringing the curtain down on a largely disappointing second spell.The 29-year-old's departure at the...

Serie A champions Milan to be sold for $1.3 billion

2022-06-02 00:00:00

MILAN, June 01 (AP): Serie A champion AC Milan is on the verge of being sold to American investment firm RedBird Capital Partners for 1.2 billion euros ($1.3 billion) after the two parties signed a preliminary agreement.Milan said Wednesday that...

Inter-Bank Chess Tournament' 2022

2022-06-02 00:00:00

Players of Janata Bank Limited receiving prize money of Taka 1,00,000 as the team became champions in the Inter-Bank Chess Tournament' 2022, organised by Bangladesh Chess Federation held at the Chess Federation Hall-Room of the National Sports Council in the...

New era for England begins today

2022-06-02 00:00:00

LONDON, June 01 (AFP): England have recalled veteran pace bowlers James Anderson and Stuart Broad to their side for the first Test against New Zealand at Lord's starting Thursday while giving a debut to Durham quick Matthew Potts.Anderson, 39 and...

Wasim Jaffer in line to join BCB's game-development wing

2022-06-02 00:00:00

Wasim Jaffer is in line to join the Bangladesh Cricket Board (BCB)'s game-development wing, where he is likely to work with both the Bangladesh Under-19 boys as well as at the board's high-performance centre, reports ESPNcricinfo.Jaffer had a previous stint...

Neymar may miss Seoul friendly after foot injury

2022-06-02 00:00:00

SEOUL, June 01 (AFP): Brazil superstar Neymar could miss his side's friendly match against South Korea on Thursday after injuring his foot during training on the eve of the game.Neymar grabbed his right foot and fell to the turf after...

Nadal beats Djokovic in epic clash

2022-06-02 00:00:00

PARIS, June 01 (Reuters): Talks of an end to Rafael Nadal's reign proved premature once again as the claycourt king stayed on course for a record-extending men's 22nd Grand Slam title by beating arch rival Novak Djokovic 6-2 4-6 6-2...

BD finish 6th in Asia Cup hockey

2022-06-02 00:00:00

Bangladesh national hockey team finished 6th in the Hero Asia Cup Hockey after conceding a massive 0-8 goal defeat to strong Pakistan in the 5th-6th place deciding match was held on Wednesday at the Bung Karno Sports Arena in Jakarta,...

Debate and Public Speaking Workshop 2022 kicks off

FE Education Desk | 2022-06-02 00:00:00

Chittagong University Debating Society (CUDS) has been working to spread the debate culture among the students of Chittagong University since 1996. As part of its motive, CUDS every year organises many mega-events. Debate and Public Speaking Workshop is the most...

Is BBA an overrated degree?

Sadika Iffat | 2022-06-02 00:00:00

It is almost the admissions season, and you have not decided on a life goal. You look around to find people with definite career goals, ambitions, and dreams to achieve. It is probably safe to say that admission time is...

An achievable feat?

Tashria Syed | 2022-06-02 00:00:00

Today, excelling in academics is not enough to secure dream jobs. Modern-day students are expected to juggle studies and work to gain theoretical knowledge and practical experiences in their field of work. This is understandable given how academic results do...

News in Brief (2022-06-02)

2022-06-02 00:00:00

UK forgets crisis to party for queen's jubileeLONDON, June 01: Putting aside a biting inflationary crisis and doubts over the monarchy's future, Britons prepared Wednesday for four days of festivities to mark a record-breaking 70 years on the throne for...

Erdogan renews threat of military offensive in Syria

2022-06-02 00:00:00

ANKARA, June 01 (AFP): Turkey's President Recep Tayyip Erdogan on Wednesday renewed threats of a military offensive in northern Syria, which he said would target Kurdish "terrorists"."We are taking another step in establishing a 30-kilometre security zone along our southern...

China not competing for influence in S Pacific

2022-06-02 00:00:00

PORT VILA (Vanuatu), June 01 (AFP): China has insisted it has "no intention to compete" for influence in the South Pacific as foreign minister Wang Yi and his Australian counterpart Penny Wong again jetted around the region Wednesday on duelling...

Australian govt includes record 13 women ministers

2022-06-02 00:00:00

CANBERRA, June 01 (AP): Australia's new government sworn in Wednesday includes a record 13 women, including the first female Muslim to serve in the role and the second Indigenous person named Indigenous Affairs minister.The ceremony conducted by Governor-General David Hurley...

US to send precision rockets to Ukraine

2022-06-02 00:00:00

KYIV, June 01 (Reuters): Russian troops pressed closer to the centre of a factory city in their drive on Wednesday to grab a swathe of eastern Ukraine, while the United States said it would supply advanced rockets to Kyiv to...

Israeli forces kill Palestinian woman

2022-06-02 00:00:00

RAMALLAH, June 01 (Xinhua): A Palestinian woman on Wednesday was killed by Israeli soldiers at an Israeli army checkpoint near Al-Aroub refugee camp close to the southern West Bank city of Hebron, said Palestinian medics.In a press statement, the Palestinian...

Our mega development projects

Syed L. Ali Bahram | 2022-06-02 00:00:00

In the last 12 years or so the country witnessed a good number of development projects which can be termed as mega projects. The mega projects, whose completion is expected to raise Bangladesh's GDP by as much as 4 per...